Trimble John 4
4 · Pandora Media, Inc. · Filed Aug 17, 2018
Insider Transaction Report
Form 4
Trimble John
Chief Revenue Officer
Transactions
- Sale
Common Stock
2018-08-15$7.92/sh−59,744$473,172→ 736,749 total - Sale
Common Stock
2018-08-16$8.16/sh−40,833$333,381→ 695,916 total
Footnotes (4)
- [F1]Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
- [F2]These shares were sold in multiple transactions at the price of $7.92.
- [F3]Includes 1,076 shares acquired under the Issuer's Employee Stock Purchase Plan on August 15, 2018.
- [F4]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.